Auto Shop with Car
For Sale
$350,000
1335 LANE Avenue S, Jacksonville, FL 32210
Commercial Sale, Jacksonville, FL
Property Size3,060 SF
Lot Size0.25 Acres
Price / SF$114.38
Days on Market101
Property Features for 1335 LANE Avenue S
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
RV, Covered, Garage, Gated, Parking Lot
Fencing
Chain Link, Fenced
Lot features
Cleared
Directions
On I 10, head west on Exit 357 onto the ramp to FL-103 S/Lane Ave S. Turn left onto FL-103 S/Lane Ave S
Subdivision
052-Lakeshore
Standard status
Active
APN
0117600000
Size
3,060 SF
Lot size
0.25 Acres
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1688
Utilities
Sewer type
Septic Tank
Heating system
Central
Cooling system
Central Air
Water source
Public
Building Details
Year built
1995
Flooring type
Tile
Building materials
Block
Roof type
Metal
Listing Agency:
FLORIDA HOMES REALTY & MTG LLC
(904) 996-9115
Listed By:
DONALD EUGENE TURNER
(229) 254-9204
Added: May 26
Changed: Sep 2
Last Checked: Sep 3 at 3:06PM
MLS# 2147170
Copyright © 2026 realMLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This 3,060-square-foot commercial property in Jacksonville is configured for automotive operations and is currently used as an auto repair shop and car dealership. The 0.25-acre site includes a block-built structure with tile flooring, central heating and central air, a metal roof, and fenced grounds. Parking features include RV parking, covered spaces, a garage, a gated entrance, and a parking lot.
Located on Lane Avenue S in an established business corridor, the property is positioned along a well-traveled commercial route with direct access to Jacksonville roadways. Public water and a septic tank serve the site. Built in 1995, the property may support automotive service, vehicle sales, fabrication, fleet work, contractor operations, equipment sales, or warehouse and distribution uses, subject to zoning and permitted-use verification.
Located on Lane Avenue S in an established business corridor, the property is positioned along a well-traveled commercial route with direct access to Jacksonville roadways. Public water and a septic tank serve the site. Built in 1995, the property may support automotive service, vehicle sales, fabrication, fleet work, contractor operations, equipment sales, or warehouse and distribution uses, subject to zoning and permitted-use verification.
Key Highlights
- 3,060‑square‑foot automotive commercial property on a 0.25‑acre site
- Currently operating as an auto repair shop and car dealership
- Block construction with a metal roof; built in 1995
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$28,546
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.16%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$570,920
$570.9K
Cap Rate 7%
$407,800
$407.8K
Cap Rate 9%
$317,178
$317.2K
Market Conditions
NOI Build-Up for 3,060 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$47.7K $15.60/SF
− Vacancy
−$3.8K −$1.25/SF
EGI
$43.9K $14.35/SF
− OpEx
−$15.4K −$5.02/SF
NOI
$28.5K $9.33/SF
Area
ZIP 32210
Vacancy
8.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$570,920
Cap Rate 7%
$407,800
Cap Rate 9%
$317,178
Alternative Uses
Best Use
Retail
$494.1K
$432.3K – $576.4K
NOI $34,585 @ 7.0% cap · market cap 9.88%
Second Best
Flex RnD
$407.8K
$356.8K – $475.8K
NOI $28,546 @ 7.0% cap · market cap 8.16%
Theoretical Best
Office A
$838.3K
$733.5K – $978.0K
NOI $58,679 @ 7.0% cap · market cap 16.77%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
457
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 32210, FL
66,415
Population
29,198
Households
2.3
Avg Household Size
37
Median Age
23%
College-Educated
88%
High-School Grad
21.9 sq mi
ZIP Area
3,033
Density / Sq Mi
$58,215
Median Household Income
$36,997
Median Earnings
$1,205
Median Rent
$205,300
Median Home Value
Market
Vacancy Rate% for Industrial in Jacksonville, FL
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Fox Specialties — 1726 Whitman St, Jacksonville, FL 32210
- Tire Kingdom — 1570 lane ave s, jacksonville, fl 32210
- Auto Technique — 1335 Lane Ave S, Jacksonville, FL 32205
- Tony Auto Repair LLC — 5933 Lenox Ave, Jacksonville, FL 32205
- Mecánico — 5933 Lenox Ave, Jacksonville, FL 32205
Frequently Asked Questions
What type of property is this?
Auto shop - Established automotive property with fenced parking, gated access, and a mix of covered, garage, and lot parking.
Where is this auto shop located?
The property is located at 1335 LANE Avenue S Jacksonville, FL.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 3,060‑square‑foot automotive commercial property on a 0.25‑acre site; Currently operating as an auto repair shop and car dealership; Block construction with a metal roof; built in 1995
